The Rule tile wont change status as the Rule Tiles are just for executing rules.
See the following thread for an example on how they work. Basically, you can execute the ‘Flow’ of any rule (but the tile won’t change color or state or anything).
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You’ll need to authorize your new “Light Status” Thing in SharpTools and then add that Thing to your dashboard as that is what will be switched on/off and thus would reflect the changing state.